𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙@aussie.zone to Australian Politics@aussie.zone · 2 months agoStamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land taxwww.abc.net.auexternal-linkmessage-square7fedilinkarrow-up110arrow-down10
arrow-up110arrow-down1external-linkStamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land taxwww.abc.net.au𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙@aussie.zone to Australian Politics@aussie.zone · 2 months agomessage-square7fedilink
minus-squareddh@lemmy.sdf.orglinkfedilinkEnglisharrow-up2·2 months agoLand tax is a wealth tax that the landed wealthy can’t avoid. Stamp duty is a transaction tax that creates friction in the market. Seems like an obvious winner to me.
Land tax is a wealth tax that the landed wealthy can’t avoid. Stamp duty is a transaction tax that creates friction in the market. Seems like an obvious winner to me.